Andersons Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
ANDE$54.48-1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows – Six months ended
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In thousands)
| Six months ended June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating Activities | ||
| Net income | $65,135 | $23,569 |
| Adjustments to reconcile net income to cash provided by operating activities: | ||
| Depreciation and amortization | 61,218 | 62,585 |
| Asset impairment | — | 87,156 |
| Other | 10,821 | 952 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 15,284 | 207,867 |
| Inventories | 477,723 | 734,855 |
| Commodity derivatives | 36,010 | 102,753 |
| Other current and non-current assets | (50,587) | (1,247) |
| Payables and other current and non-current liabilities | (550,797) | (1,011,086) |
| Net cash provided by operating activities | 64,807 | 207,404 |
| Investing Activities | ||
| Acquisition of businesses, net of cash acquired | (9,561) | — |
| Purchases of property, plant and equipment and capitalized software | (55,389) | (74,991) |
| Other | 6,812 | 3,318 |
| Net cash used in investing activities | (58,138) | (71,673) |
| Financing Activities | ||
| Net payments under short-term lines of credit | (37,705) | (173,384) |
| Proceeds from issuance of long-term debt | — | 100,000 |
| Payments of long-term debt | (13,752) | (35,861) |
| Distributions to noncontrolling interest owner | (47,405) | (24,344) |
| Dividends paid | (12,993) | (12,527) |
| Value of shares withheld for taxes | (8,071) | (6,616) |
| Other | — | (2,255) |
| Net cash used in financing activities | (119,926) | (154,987) |
| Effect of exchange rates on cash and cash equivalents | (211) | 280 |
| Decrease in cash and cash equivalents | (113,468) | (18,976) |
| Cash and cash equivalents at beginning of period | 643,854 | 115,269 |
| Cash and cash equivalents at end of period | $530,386 | $96,293 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.